3711 Eagle Ave Key West, FL 33040
New Town NeighborhoodEstimated payment $5,061/month
About This Home
Rare potential meets prime location! Unlock the potential on one of Eagle Avenue's most coveted blocks. Situated on the highly desirable upper end of the street, this legal duplex presents a rare opportunity in one of Key West's most established residential neighborhoods. Whether you're an investor, builder, or future homeowner, the property offers exceptional upside with multiple paths to value. The main house is primed for a full renovation, providing a blank canvas to customize, reimagine, or redevelop to maximize returns.A build-back letter from the City of Key West is already in place, preserving the valuable right to rebuild and streamlining the redevelopment process. For investors seeking scale, this offering may be combined with the adjacent vacant, buildable lot at 3705 Eagle Avenue, creating a compelling opportunity for expansion, future development, or a larger residential project. Conveniently located near schools, shopping, beaches, and just minutes from Old Town, this is a well-positioned opportunity to invest, renovate, or rebuild in a premier Key West location.
Listing Agent
Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 10/08/2025
Co-Listing Agent
The Spottswood Team
Truman & Co. (KW) Brokerage Phone: 305-587-3407
Map
Property Details
Home Type
Multi-Family
Year Built
1958
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Duplex
- First Right of Refusal: No
- Mandatory HOA: No
- Fee Includes: None
- Financial Status Bank Owned: No
- Financial Status Potential Short Sale: No
- Key Island: Key West
- K W Neighborhood: New Town
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 3.00
- Min Rental Days: 30.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 7174.87
- Vehicle Storage: Off Street Parking
- Year Built: 1958
- Alternate Key Number: 1054305
- Lot Sq Ft: 6000.00
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 1464.00
- Property Condition: Fixer Upper
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Attribution Contact: 305-587-3407
- Special Features: None
- Property Sub Type: MultiFamily
Interior Features
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: No Appliances
- Total Bedrooms: 2
- Sq Ft Remarks: Buyer to verify square footage
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: Municipal Sewer, Buyer to Verify
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00053690-000000
- Lot Size: 50' x 120'
- Land Size: Less Than 1/4 Acre
- Acres: 0.14
Rental Info
- Rentals Allowed: With Restrictions
Tax Info
- Tax Year: 2024
Multi Family
- Total Units: 2.00
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,175 | $830,763 | $594,000 | $236,763 |
| 2024 | $6,872 | $877,602 | $651,600 | $226,002 |
| 2023 | $6,872 | $867,539 | $655,200 | $212,339 |
| 2022 | $6,077 | $732,004 | $519,665 | $212,339 |
| 2021 | $5,402 | $521,010 | $336,685 | $184,325 |
| 2020 | $4,957 | $470,995 | $286,670 | $184,325 |
| 2019 | $4,988 | $470,995 | $286,670 | $184,325 |
| 2018 | $4,870 | $449,440 | $262,272 | $187,168 |
| 2017 | $4,748 | $428,104 | $0 | $0 |
| 2016 | $3,538 | $332,964 | $0 | $0 |
| 2015 | $3,360 | $293,662 | $0 | $0 |
| 2014 | $3,283 | $276,673 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | For Sale | $859,500 | -- | $587 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $500,000 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | $20,000 | -- | |
| Warranty Deed | $110,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $99,000 | Commercial |
Source: Key West Association of REALTORS®
MLS Number: 616790
APN: 00053690-000000
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